Contact us | +971 4 3635663
Sponsored by   Mudabala
 
 
BETA
Loading Loading ...
Sun, 08 Nov 2009 | 23:15 GMT

Gulf Petrochemical Industries Company  
Also known as: GPIC
 
 
 
 
 
 
Company Updated: Jan 30, 2009
 
Joint Stock
 
 
Production of methanol, ammonia and urea.
1979 (December)
570 (As of Jan 29, 2009)
1,200 tons of ammonia per day
1,200 tons of methanol per day
1,700 tons of urea per day
 
 
Sitra (3)
 
 
 
 Key Officers
HH Sheikh Issa Bin Ali Al Khalifa
Chairman
Youssef Abdelrahman Al Zamel
Managing Director
 
 Contact Details
Address:
GPIC Complex, Building 51
Street 1401
Umm Al Baid
P.O. Box 26730
Sitrah
Bahrain
 
+973 17-731777
 
+973 17-731047
 
gpic@gpic.com
 
www.gpic.com

 
  Latest Headline
Bahrain Gulf Petchem Indus Eyes 3 Projs Worth Up To $1B -Report - Zawya Dow Jones News
 
  Business Overview
The Bahrain-based company, Gulf Petrochemical Industries (GPIC) produces basic petrochemicals including methanol, ammonia and urea. The company was established as an equal partnership between Holding Company for Oil and GasHolding Company for Oil and GasLoading..., Saudi Basic Industries CorporationSaudi Basic Industries CorporationLoading... (SABICSABICLoading...) and the Petrochemical Industries CompanyPetrochemical Industries CompanyLoading....

GPIC uses Bahrain’s natural gas to produce 1,200 tons of ammonia per day, 1,700 tons of urea per day and 1,200 tons of methanol per day. In 2007, it exported 79% of ammonia to India and 47% of its urea exports; other export markets include Australia, Thailand and South Africa.

The company plans to cut down greenhouse gas emissions and improve overall efficiency of its resources by generating additional methanol and urea. It will begin construction on a carbon BHD19.66 million USD52 million dioxide recovery plant in July 2008, to be completed by January 2010.

GPIC increased its profits for the sixth consecutive year, totaling BHD75.9 million (USD201 million) by 2007 compared a 24% increase over the previous year.
 
 
  Industry Benchmarks  Yr 2006 
 
  Total Petrochemical Production Capacity (t/y) 1,400,000 
View latest report on Petrochemicals 
 
 Major Shareholders
This Requires Subscription
 Available to subscribers only. Information in this section includes Shareholder Names and their corresponding Holding Percentages. » More Details
 
 Summary Financials
This Requires Subscription
 Available to subscribers only. Information in this section includes key financials data such as Total Revenues, Net Profits, Totals Assets, Shareholder Equity, etc. » More Details
 
Company information provided by © 2009 ABQ Zawya Ltd.
 
 
    
 
 
 
 
 

Site is optimised for viewing at 1024 x 768 with Internet Explorer v6 and Firefox v3.0 and above.
Copyright © 2009 ABQ Zawya Ltd. All rights reserved. Please read our Membership Agreement